AYO Technology Solutions (JSE:AYO) Days Inventory : 61.01 (As of Aug. 2024)

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What is AYO Technology Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AYO Technology Solutions's Average Total Inventories for the six months ended in Aug. 2024 was R226 Mil. AYO Technology Solutions's Cost of Goods Sold for the six months ended in Aug. 2024 was R677 Mil. Hence, AYO Technology Solutions's Days Inventory for the six months ended in Aug. 2024 was 61.01.

The historical rank and industry rank for AYO Technology Solutions's Days Inventory or its related term are showing as below:

JSE:AYO' s Days Inventory Range Over the Past 10 Years
Min: 7.34 Med: 23.32 Max: 55.34
Current: 55.19

During the past 10 years, AYO Technology Solutions's highest Days Inventory was 55.34. The lowest was 7.34. And the median was 23.32.

JSE:AYO's Days Inventory is ranked worse than
69.9% of 1555 companies
in the Software industry
Industry Median: 18.72 vs JSE:AYO: 55.19

AYO Technology Solutions's Days Inventory increased from Aug. 2023 (42.49) to Aug. 2024 (61.01). It might indicate that AYO Technology Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AYO Technology Solutions's Inventory Turnover for the six months ended in Aug. 2024 was 2.99.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. AYO Technology Solutions's Inventory-to-Revenue for the six months ended in Aug. 2024 was 0.26.

AYO Technology Solutions Days Inventory Historical Data

The historical data trend for AYO Technology Solutions's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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AYO Technology Solutions Days Inventory Chart

AYO Technology Solutions Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Inventory

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25.95

42.42

46.59

42.11

55.34

AYO Technology Solutions Semi-Annual Data
	Aug15	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Inventory	Get a 7-Day Free Trial													41.90	51.75	42.49	50.40	61.01

Competitive Comparison of AYO Technology Solutions's Days Inventory

For the Information Technology Services subindustry, AYO Technology Solutions's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

AYO Technology Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, AYO Technology Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where AYO Technology Solutions's Days Inventory falls into.

AYO Technology Solutions Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AYO Technology Solutions's Days Inventory for the fiscal year that ended in Aug. 2024 is calculated as

	Days Inventory (A: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2023 )	+	Total Inventories (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (238.659	+	223.631)	/	2 )	/	1524.581	*	365
=	231.145					/	1524.581	*	365
=	55.34

AYO Technology Solutions's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

	Days Inventory (Q: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Feb. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (229.303	+	223.631)	/	2 )	/	677.396	*	365 / 2
=	226.467					/	677.396	*	365 / 2
=	61.01

AYO Technology Solutions (JSE:AYO) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

AYO Technology Solutions's Inventory Turnover for the six months ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	677.396	/	226.467
	=	2.99

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

AYO Technology Solutions's Inventory to Revenue for the six months ended in Aug. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	226.467	/	865.027
	=	0.26

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

AYO Technology Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of AYO Technology Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

AYO Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AYO Technology Solutions Ltd (JSE:AYO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ayotsl.com

AYO Technology Solutions Ltd is engaged in the provision of technology-related solutions. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.

AYO Technology Solutions Headlines

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